The Canadian Institute for Climate Choices has released their new report, Canada’s Net Zero Future – finding our way in the global transition. The report details how Canada can achieve our ambitious goal of achieving net-zero emissions by 2050. The report provides a clear analysis of multiple options available to Canada for achieving net-zero, examining conditions that Canada can control and what change will occur as part of the global transition to net zero.

The key findings of the report include the following:

  • Strong policy is required to match the ambition of net-zero by 2050
  • Global transitions and trends make big changes inevitable
  • Canada has a competitive advantage by diversifying industry in oil-and-gas-producing regions
  • Nearly two-thirds of emissions reduction goals for 2030 rely on safe bets, or low-risk solutions that are available today, and there is no reason to delay action
  • Wild card, high-risk, high-reward solutions in early development have an important role to play in the net-zero transition, but should be handled with careful attention to risk and uncertainty
  • Safe bets and wild cards present distinct policy problems that require separate policy conversations to avoid paralysis
  • Engineered forms of negative emissions are a special type of wild card, best viewed as a complement to other solutions rather than a substitute
  • Pathways to 2050 have far-reaching implications for the well-being of Canadians, and careful attention is required to ensure benefits are available to everyone

The brief summary report can be downloaded here

More information and a link to download the full report can be found here